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Former Member
Dec 01, 2008 at 06:10 PM

Calculation of Interest Charges to be monthly not every day via T code FINT

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Hi There;

I made system configuration and the T code FINT is calculating Interest charges on customer account. There are two requirements from client.

1- The calculation could be made i through background job.

2- The program is calculating interest on dialy basis. While the requirement is it should calculate the interest on monthly basis.

Further, I also noticed that the program doesn't consider the partial payment received from customer, rather calculates interest on amount due not the remaining balance. I tried with both method i.e. "Arrears" and "Balance" but giving me the same result.

Your help is highly appreciated.

Thanks

Arshad